No Result
View All Result
Friday, April 10, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

Thinni government spent just LD 1.5 bn bank loan in eight months in office

bySami Zaptia
June 2, 2015
Reading Time: 2 mins read
A A

By Libya Herald reporter.

266-Govt presser3-Thinni terror-010615

Tunis, 2 June 2015:

Speaking during his government’s . . .[restrict]press conference held in the eastern city of Al-Beida on Sunday, Prime Minister Abdullah Thinni revealed that his government has spent just LD 1.5 bn since taking office eight months ago.

Moreover, Thinni explained that this amount was a bank loan and not public funds.

RELATED POSTS

HoR Speaker Saleh cancels new import tax having previously claimed he had never agreed such a tax. Is Saleh’s position weakening? Report and analysis

HoR unofficial meeting proposes a new reform Roadmap to elect new leadership and amend internal regulations

He revealed that from the first of January 2015, LD 754 million was spent and LD 372 million were spent in 2014. His government still had a balance of LD 300 million in its possession, he confirmed.

Giving further details, Thinni said that LD 30 million was allocated to the army and LD 180 million to the Chief of Staffs.

The Crises Committees for the eastern region received about LD 15 million out of a budgeted LD 51 million Another LD 15 million was given to the Wirshifana Committee, LD 10 to the Zintan Committee, LD 8 to the Rijban Committee and LD 15 million to the Southern region committee.

Thinni said that the government had to deal with the various crises committees despite the fact that the government did not have a crises budget.

The Prime Minister said that his government had requested from the House of Representatives (HoR) a budget of around LD 4 bn in order to deal with the various bottlenecks across the country.

Thinni also explained that a crises budget would free his government from the slow routine of pre-spending approvals from the Audit Bureau, as auditing would be instantaneous or after expenditure.

However, he was keen to assure that all expenditure through the Ministry of Finance had received pre-approval from the Audit Bureau – a state organ that comes under the authority of the HoR.

Thinni also explained that the HoR was fully aware of all government spending in the years 2014-2015.

Despite all the many crises, the government was still able to keep all the utilities going despite a shortage of resources, he added.

The government was also able in these eight months through a budget of just LD 1.5 bn to operate and pay all state-sector salaries in the east, south and in western regions.

The Prime Minister added that his government had obtained LD 300 million which would enable it to pay all wages including April and is on the verge of obtaining wages for May and June to be paid before the start of the fasting month of Ramadan. [/restrict]

Tags: bank loanbudgetfeaturedHoR House of RepresentativesThinni

Related Posts

LTT and GIA sign cooperation agreement on electronic connectivity
Libya

Government Reporting Platform activated as a unified tool for monitoring performance and measuring achievement levels within public entities

April 10, 2026
NOC announces force majeure at Zawia port
Libya

The National Oil Corporation and Eni North Africa announce successful drilling of new gas discovery in offshore Block D (Contract D)

April 9, 2026
Italian Embassy in Libya, ITA and the Libyan Board of Architecture, announce competition for students in Architecture and Urban Design
Libya

Italian Embassy in Libya, ITA and the Libyan Board of Architecture, announce competition for students in Architecture and Urban Design

April 9, 2026
‘‘U.S. experts’’ visit Sirte’s single pivot agricultural irrigation circles – 87 irrigation circles will be restarted in 2025
Business

Sebha’s new Palm City Residential Project: 106 residential buildings with 3,000 housing units

April 8, 2026
Visiting Jordanian specialists perform 18 infertility and delayed childbearing operations in Zintan Hospital
Libya

Ministry of Health celebrates successful conduct of complex operation on baby at Tripoli’s Al-Hadba Hospital

April 8, 2026
Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges
Libya

Spending on construction has not led to price hikes and a rising dollar rate – spending by Libya’s two governments has: Belgasem Hafter

April 8, 2026
Next Post
Tight security at police cadet graduation

Tight security at police cadet graduation

Ceasefire agreement in Obari between Tebu and Tuareg

Top Stories

  • Military Intelligence Chiefs Conference for the Sahel and Mediterranean countries 2026 held in Tripoli

    Military Intelligence Chiefs Conference for the Sahel and Mediterranean countries 2026 held in Tripoli

    0 shares
    Share 0 Tweet 0
  • Aldabaiba instructs CBL to terminate Arkenu Oil Company’s oil sales agreement

    0 shares
    Share 0 Tweet 0
  • New China Qingdao Port to Libya route, avoiding Hormuz Straight, to reduce shipping time by up to ten days: Julyana Free Port

    0 shares
    Share 0 Tweet 0
  • Tunisia’s New African Transit Corridor via Ras Jedir: An Opportunity for Libya to Become a Trade Gateway to sub-Saharan Africa

    0 shares
    Share 0 Tweet 0
  • Libya to host for first time part of Flintlock 2026 multinational military exercises in mid-April

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Government Reporting Platform activated as a unified tool for monitoring performance and measuring achievement levels within public entities

Austria’s Desert Greener explores localisation of its advanced water desalination technology with Municipality of Tripoli Centre

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.